Message from the President & CEO of Mizuho Trust & Banking
As President & CEO of Mizuho Trust & Banking, I would like to express my deep appreciation for your continued interest and support. I would also like to express my heartfelt sympathies for all of those who have contracted COVID-19 and the many people who have been impacted in various ways by the spread of the virus.
As a trust bank, Mizuho Trust & Banking strives to fulfill the mission entrusted to us by society. We aim to precisely identify the concerns and shifting challenges that Mizuho group customers are facing in order to provide a wide range of the best possible trust solutions with a high level of expertise.
A low birthrate, aging society, technological advancement, evolving corporate governance reforms, and other such structural shifts, as well as the COVID-19 pandemic, are leading to irreversible changes in the economy, society, and our daily lives. With interest in sustainability also on the rise worldwide, sustainability initiatives have become a significant challenge for society, our customers, and Mizuho.
To respond to these factors, we are working to create new value in finance and adjacent fields as a part of the Mizuho group's 5-Year Business Plan: Transitioning to the Next Generation of Financial Services. To this end, we are combining technology and non-financial services with our flexibility to develop and provide new trust products and services.
For retail customers, we aim to support a range of needs such as smooth asset succession and business succession, building assets for life after retirement and selecting lifestyle support services, and other such needs that may arise for business owners or older customers. In order to address these needs, we are working to expand the products and services we offer to provide a high level of added value through utilizing technology and open collaboration with companies outside the Mizuho group. Additionally, we are working to provide our trust banking offerings to a wider range of customers through online services and other channels.
Our corporate clients also face a range of challenges. One such challenge is revising business portfolios in line with the changes in industrial structure accelerated by the COVID-19 pandemic. Another is increasing corporate value through opportunities like those brought about by the transition to a low-carbon society, which is an effort to achieve a sustainable society; by the enhancement of corporate governance; and by the Tokyo Stock Exchange market reorganization. To help our corporate clients respond to these challenges, we are consolidating insight and expertise from both within and outside the Mizuho group in fields such as real estate, asset securitization, pensions, and stock transfer agency services, aiming to provide the best possible trust solutions.
In addition to providing the unchanging value of a traditional financial institution—reliability and security—we at Mizuho Trust & Banking are passionate about continually taking on new challenges and devising innovative, forward-looking ideas for how to provide unique value that only Mizuho is capable of offering.
We appreciate your continued support and will make every effort to not only meet, but exceed, your expectations.
President & CEO
Mizuho Trust & Banking Co., Ltd.